Top Section/Ad
Top Section/Ad
Most recent
Sole bookrunner Morgan Stanley gets deal multiple times covered
Trade was oversubscribed in under 20 minutes
In highly concentrated book, top 20 investors take 90%
The relaunched IPO was cancelled after leads attempted to reduce the transaction to around €300m
More articles/Ad
More articles/Ad
More articles
-
Sterling leveraged loan volumes are on the rise, even as sterling high yield bond volumes have been heavily curtailed, said Marlborough Partners this week. -
On Friday, AkzoNobel and Suse announced new deals in the already bustling European markets for high yield bonds and leveraged loans, bolstering expectations of record volume for September.
-
The Nordic high yield market has started to price several top rated euro deals that were initially planned to roadshow before the summer break. This time, demand and coupons suggest this could be a better window for the issuers.
-
Elliott, the activist hedge fund has sold 6.3% of its shares in a 15m block trade of Charter Court Financial Services, the UK challenger bank said on Wednesday.
-
Bankers working on the European deal pipelines for high yield bonds and leveraged loans promise a blazing September, but the talk among investors and their advisers is sober. Some fund managers believe the second half of the year might turn out to be reckoning time from what they described as “excesses” of the past.
-
Telecom infrastructure firm Circet Odyssee has joined the early September pipeline of deals in the euro leveraged loans market with a small tap. It will fund the buyout of Irish peer KN Group, with parent company Advent planning to merge the companies.
